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Hanwha Vision to has been committed to the pursuit of endless innovation and the spirit of challenge. Through global purchasing power and mutually beneficial management with partners, we will achieve fair purchasing practices, which lead to the world’s best products and services.
To fulfill the company’s social responsibilities, Hanwha Vision will not purchase materials originated from disputing countries. Meanwhile, It will provide partners with training and advertisements to consistently spread policies on the prohibition of the use of materials from disputing countries.
※ With the excavation of industrial materials from about 10 African countries such as the republic of Congo, Rwanda, and Sudan, human trafficking and environmental destructions are occurring. The sales profits have been used for purchasing weapons. Thus, the US government had proclaimed a detailed plan to prohibit use of minerals from such disputing countries. Also, the EU has been trying to legislate on such trade. In a fair response to such global trends, Hanwha Vision had determined not to use the four main minerals (gold, tungsten, tantalum, and tin) from such disputing countries.
To abide by the Subcontractor Acts, Hanwha Vision has introduced and operated four guidelines of fair trade enacted by the Fair Trade Commission.
As a partner for success, Hanwha Vision selects and manages vendors acccording to transparent and fair standards. We designate purchasing, quality/technology, and compliance management as required fields for evaluation to respond to social responsibility issues.
Ethics management pledge
Code of ethics for purchasing
Based on clean organizational culture, purchasers at Hanwha Vision constantly create new values, conduct mutual purchase with vendors as business partners, comply with agreements and regulations, and promote fair purchase.
To implement 『value creation』, 『mutual purchase』 and 『fair purchase』 we pledge to establish “Purchasers attitude guideline” as follows and faithfully abide by the rules.
At Hanwha Vision, cash settlements are made three times each month to generate positive cash flow in suppliers.
